The New York Entrepreneur

: Gold ends lower as better-than-expected U.S. economic data lifts the dollar, Treasury yields

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Gold futures fell on Monday to finish below the $1,800 mark as better-than-expected, separate readings on the U.S. services sector and wage growth helped strengthen the dollar and Treasury yields. The upbeat economic data also backed expectations for more aggressive Federal Reserve interest-rate hikes. Gold for February delivery GCG23 fell $28.30, or 1.6%, to settle at $1,781.30 an ounce on Comex.

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